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If the current yield is 12.5%. What is the current market price ? (i) Rs.100 (ii) Rs.120 (iii) Rs.150 (iv) Rs.125

<p>A debenture of face value of Rs.100 with a coupon of15%.</p>

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/10/03
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Mohammed Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

Option (ii) is correct  Rs.120

 

market value =15/12.5%=120

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Absolutely correct answer Mr. Jetly

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Rs120

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